Essen, 16 November 2009, RWE AG
RWE today announced that Nabucco will offer the cheapest option to Caspian gas producers such as Azerbaijan to link their gas resources with the large downstream markets of Europe. Comparing publicly available data from other pipeline projects as South Stream, Interconnector Greece-Italy (IGI) and Trans-Adriatic-Pipeline (TAP), RWE has established clear evidence of the considerable benefits for Nabucco. Stefan Judisch, CEO of RWE Supply & Trading said: “Nabucco offers the Caspian producers the highest net back value for their planned gas deliveries to Europe and the most secure transportation route. The figures clearly show that Nabucco is significantly the cheapest of all the proposed Southern Corridor projects in terms of the cost of transporting the gas to Europe.” Opening the Southern Corridor through Nabucco will enhance security of supply for Europe and security of demand and gas prices for suppliers in the Caspian region and the Middle East.more
Essen, 01 November 2009, RWE Supply & Trading
• Aserbaijan and Iraq and Turkmenistan are reday to supply Nabucco with gas
• First supply contracts expected in the first half of 2010 more
Essen, 30 October 2009, RWE AG
RWE rates today’s launch of the information platform “Transparency in
Energy Markets” by the EEX in Leipzig and four German transmission system operators, which offers more detailed information about supply and demand in the electricity market to over 200 players in the electricity trading market, as a significant sign of progress. more
Essen, 01 October 2009, RWE Supply & Trading
Alan Robinson (50) has been appointed to the newly created board position of Chief Commercial Officer (CCO) for Commercial Asset Optimisation at RWE Supply & Trading. Robinson is currently Head of Short Term Position Management UK.more
Essen, 21 September 2009, RWE Supply & Trading
RWE Supply & Trading (RWEST) have developed a financially settled swap gas contract and will provide two-way liquidity in this contract. This contract is a response to the development of global gas markets and the requirement of non physical players in the continental European gas markets to participate in that market.more
Essen, 16 September 2009, RWE Supply & Trading
Azerbaijan is a country rich in energy sources, especially in the Caspian Sea. Its capital city Baku is known as the cradle of the oil industry. On 20 September 1994, the “Contract of the Century” provided the framework for Western companies to tap new oil and gas reserves in the Azerbaijani part of the Caspian Sea as well as for export to the West and to the global market. Azerbaijan wants to further develop this role. In the future Azerbaijan could be one of the main supplier countries for the Nabucco gas pipeline. RWE was among the guests invited to the ceremony to celebrate the 15th anniversary of the signing of the contract. RWE is currently developing an energy partnership with this country on the Caspian Sea. more
Kuwait/Essen, 03 September 2009, RWE Supply & Trading
RWE’s LNG joint venture company, Excelerate Energy LLC, based in Wood-lands/Texas (USA), has just supplied liquefied natural gas for the first time to Kuwait.more
Essen, 20 August 2009, RWE Supply & Trading
• More than 120 registered bidders have taken part in the auctions, buying a total of 2,337 MW over the past two years
• Purchasing tool for major European industry now established
• Next auction in February 2010 for power supplied in 2011
more
Essen, 11 August 2009, RWE Supply & Trading
The University of Duisburg-Essen has appointed 46-year-old Rüdiger Kiesel to Europe’s first chair of energy trading and financial services. The Essen-based RWE Supply & Trading is co-funding the endowed chair to the tune of some €2 million.more
Essen / Ankara, 13 July 2009, RWE AG
Reinhard Mitschek, Managing Director of the Nabucco Pipeline Int., said: “The completion of the Intergovernmental Agreement represents a significant breakthrough in the realization of this project. The pipeline now has a stable legal basis, and can guarantee gas transit under equal and transparent conditions for all customers.”more
Essen, 06 July 2009, RWE Supply & Trading
Energy companies OMV Gas & Power, Vienna, and RWE Supply & Trading, Essen, have ap-pointed Germany’s former Minister of Foreign Affairs, Joschka Fischer (61), as political communications advisor for the development of the Nabucco gas pipeline, a multi-country project.more
Turkmenbashi, 02 July 2009, RWE Supply & Trading
This June saw an important step in Turkmenistan’s strive to open its country for European visitors. On the shores of the Caspian Sea, and right next to the most important energy infrastructure of the country, the Turkmen President Gurbanguly Berdimuhamedov opened the gates to the first hotels of the progressing AWAZA tourist area.more
Essen, 08 June 2009, RWE Supply & Trading
RWE‘s joint venture LNG company, Excelerate Energy LLC, has received the prestigious Anzai Achievement Award. The company was presented the award at the GASTECH 2009 conference in AbuDhabi. The Anzai Achievement Award honors significant, continued contributions to the development of the international natural gas industry.more
Prague, 08 May 2009, RWE Supply & Trading
Stefan Judisch, CEO of RWE Supply & Trading, is commenting the "EU Southern Corridor Summit".more
Sofia, 25 April 2009, RWE Supply & Trading
Presentation by Jeremy Ellis, Sofia 25th April 2009, A Security of Partnership in the Southern Corridor “The Time is Now”more